Coffee prices are set to increase by as much as 50¢ as supply issues are threatening coffee suppliers due to bad weather conditions.
Brazil, the world’s biggest coffee producer have been experiencing dry weather in the past months that have affected the production of coffee beans. Wholesale roasting businesses in the country have guaranteed to maintain the quality of their products but will have to raise their prices by 5% – 15%. Sensory Lab Managing Director Ross Quail was not surprised with the increase, as coffee seed prices have already increased by 65% through January.
Read more about this on the Sydney Morning Herald website.
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